Benefits Value Calculator
Discover the true value of your total compensation package.
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Beyond Base Salary: Total Compensation
When evaluating a job offer or your current position, looking at salary alone doesn't tell the full story. Benefits can add 20-40% or more to your total compensation.
Common Benefit Values
Health Insurance
Employer-sponsored health insurance is one of the most valuable benefits. The average employer contributes:
- Individual coverage: $7,000-8,000/year
- Family coverage: $15,000-22,000/year
Retirement Benefits
- 401(k) match: 3-6% of salary is common, sometimes with vesting schedules
- Pension plans: Increasingly rare but very valuable when offered
- Profit sharing: Variable contributions based on company performance
Time Off
- PTO: Average is 15-20 days, worth ~$4,000-6,000 for $75k salary
- Paid holidays: 8-12 days typical
- Sick leave: May be separate or included in PTO
Other Benefits
- Life insurance: Often 1-2x salary, provided free
- Disability insurance: Short and long-term
- Education assistance: Tuition reimbursement up to $5,250 tax-free
- Wellness programs: Gym memberships, wellness stipends
- Employee discounts: Products, services, travel
Why Benefits Matter
A job paying $70,000 with excellent benefits might be worth more than a $80,000 job with minimal benefits. Consider:
- Health insurance alone can be worth $10,000+ per year
- A 5% 401k match on $70k is $3,500 in free money
- 3 weeks of PTO is worth ~$4,000 in paid time off
Questions to Ask About Benefits
- What's the employer contribution for health insurance?
- What's the 401k match percentage and vesting schedule?
- How many PTO days, and do they roll over?
- Are there any unique perks or stipends?